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20121120
Search Results 0 to 7 of about 8 (some duplicates have been removed)
. john boehner doesn't have the leverage he used to have. on a conference call he told house republicans they had to avoid the nasty showdowns that mark so much of the last two years. senate republican leader mitch mcconnell was the number one obstructionist in the president's first term. now he tells "the wall street journal" he'll do whatever it takes to get a deal. i'd be willing to pay the ransom if e we thought we were going to get the hostage out. but the hostage is what? entitlement spending. mcconnell's intention, he's willing to agree to a dollar of new taxes for every dollar in cuts. what a difference an election makes. >> i'm going to ask a question on the stage. they seau had a real spending cuts deal, 10 to 1. spending cuts to tax increases. spooker, you're already shaking your head. but who on this stage would walk away from that deal? would you raise your hand about not raising taxes. >> remember in 2011 republicans would not take a 10 to 1 tax cut deal? now today mitch mcconnell is willing to do a 1 to 1 deal. republicans lost all of their leverage in this election. they
skaur enough votes to implement an austerity budget so now he's back to help john boehner secure enough votes versus the president to press for an austerity budget, is that right? >> yeah, that's correct, martin. it's interesting, there's a lot of criticism saying paul ryan's vision for an american budget was routinely rejected flat out by voters a little more than a week ago. so why will he have such an impact in terms of the fiscal cliff negotiations? and the reason is that paul ryan, despite the presidential loss, continues to be the ideological godfather of the current republican budget -- >> but, luke, he just got ripped to shreds. he just got pulverized in the election. in fact, so many of his ideas, he had to go quiet on because they were so deficient and attacked during the presidential campaign. yet there you are now telling our audience he's back and republicans have him as their -- one of their main stakeholders. >> he's very much still an important player within the house republican conference. so much so that speaker boehner when it came to having a daily meeting about the
of them voted democratic and half of them live in hollywood. >> reporter: but house speaker john boehner rejects any hike in tax rates. he would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger deep spending cuts and tax cuts. that could mean $2,000 more in taxes for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly, another recession. boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms
directly at odds with house speaker john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that could leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all no, way? >> no. the preponderance made it very clear in his campaign that there are not enough -- what you just described is a formula and a blueprint for hampering our future. you cannot go forward -- you have to cut some investments. if you cut too many you are hampering growth, you're hampering education, investments for the future. >> and even thousands of miles away it appears president obama is still focused on those negotiations. while touring a royal monastery with secretary of state clinton in thailand the president was overheard mentioning the budget talks to a monk. the president later clarified his comments -- >> he's not any monk. >> no. >> he has some big i vestments in the stock market. >> he later clarified his comments at a news conference. >> yes, we were working on
. the biggest unknown variable here is what the republican conference is going to do and whether boehner can rally the guys to get them on board. that is the biggest question here, because no matter what they decide among the leaders, they have to get it past the house and the senate. >> and you know, there is also compromise idea being floated around right now to keep the rates the same, but eliminate the deductions for the rich. nancy pelosi making her position on that very, very clear. take a listen to this. >> is that something that is acceptable? >> no. >> nott all, no way? >> no, the president made it very clear in his campaign that there is not enough, there are not enough resources -- what you just described as a formula and a blueprint for hammering our future. >> you know, dana, if she is hardening her stance here as we watch the rhetoric, does it matter here, because nancy p pelosi, really, how big of a seat does she have at the table right now? >> no. she is, and something of a highchair at this point. she is not particularly relevant to this debate. the president was nowhere nea
are more about let's get things done. here is house speaker john boehner yesterday after meeting with the president. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. to show our seriousness, we've put revenue on the table. >> now, in politics, much of power is about perception. in a post re-election 2012, perceptions are mighty different. here's the president at his first post re-election press conference on wednesday. >> if there was one thing that everybody understood was a big difference between myself and mr. romney, it was when it comes to how we reduce our deficit, i argued for a balanced responsible approach and part of that included making sure that the wealthiest americans pay a little bit more. i think every voter out there understood that that was an important debate. and the majority of voters agreed with me. by the way, more voters agreed with me on this issue than voted for me. >> now, that is not the president obama of yesteryear or even last year. this week the preside
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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